# Hill-Rom to acquire Mortara Instrument for $330M

Hill-Rom Holdings, Inc. signed a definitive agreement to acquire Mortara Instrument, Inc., a leader in diagnostic cardiology and patient monitoring solutions, for $330 million in cash, with an effective purchase price of approximately $290 million after tax benefits.

- Type: Acquisition
- Announced: 2017-01-10
- Where: Milwaukee, Wisconsin, United States
- Value: $330.0M
- Status: announced
- Products: diagnostic cardiology devices, patient monitoring solutions, resting ECG, cardiac stress exercise, Holter monitoring, ambulatory blood pressure monitoring
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Hill-Rom Holdings, Inc.](https://endata.com/companies/21349.md) (acquirer)
- [Mortara Instrument, Inc.](https://endata.com/companies/21350.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/hill-rom-to-acquire-mortara-instrument-inc-a-leader-in-diagnostic-cardiology-and-patient-monitoring-technology-300388344.html), 2017-01-10: "Our growing Welch Allyn franchise will be immediately strengthened by the addition of Mortara Instrument's experienced team, breadth of diagnostic cardiology and patient monitoring offerings and best-in-class ability to integrate with electronic medical record (EMR) systems."
- [biztimes.com](https://biztimes.com/hill-rom-completes-acquisition-of-mortara-instrument/), 2017-02-15: "We are excited to welcome the Mortara team to the Hill-Rom family."
- [massdevice.com](https://www.massdevice.com/hill-rom-closes-300m-mortara-buy/), 2017-02-15: "We are excited to welcome the Mortara team to the Hill-Rom family."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.